Everyone’s financial life is a unique combination of assets, liabilities, and situations. There’s no one-size-fits-all solution guaranteed to get you the best possible results - and not all financial advice is created equally.
At Labrum Wealth Management, we take a truly independent, personalized approach to our clients’ portfolios. In today’s episode of the podcast, we get in to how we buck the trends of what normally happens in advisor/client relationships in order to best serve our clients. We also return to the issue of market timing, what it makes it such a bad idea, and the surprising fact about market downturns that no one on television seems to ever think to mention.
In today’s conversation, here’s what you’ll learn:
- Why so many financial news outlets provide completely and totally useless - if not damaging - information.
- The reason you need an investment philosophy to avoid making emotion-driven changes to your portfolio - and what an investment philosophy is and isn’t.
- Why timing the market keeps coming up right now - and how long the average bull and bear markets last.
- The power of a diversified, global portfolio.
P.S.: Right now, we’re offering our $100 Portfolio Challenge. It’s like a physical for your portfolio; we’ll look at the bonds and stocks you own, your overall asset allocation, goals and objectives, and exposure to volatility - as well as how we can improve it. If we can't, we'll send you a $100 gift card. If you’d like to schedule your Portfolio Challenge,email firstname.lastname@example.org and use the subject line “Portfolio Challenge”.
The content of this radio show is provided for informational purposes only and should not be considered investment advice or a recommendation to buy or sell any types of securities. Mr. Labrum and Labrum Wealth Management/Financial Detox are not responsible for the consequences of any decisions or actions taken as a result of information provided in this radio show and do not warrant or guarantee the accuracy or completeness of the information provided. The information discussed today reflects the views of Mr. Labrum and his guest(s) as of the date of this show and are subject to change without notice.Past performance is no guarantee of future results. Any forward looking statements or forecasts are based on assumptions and actual results may vary from any such statements or forecasts. No reliance should be placed on any statements or forecasts when making any investment decision. Accordingly, listeners should not rely solely on the information provided today in making any investment decision. There is a risk of loss from investing in securities, including the risk of loss of principal. Different types of investments involve varying degrees of risk, and there can be no assurance that any specific investment will be profitable or suitable for a particular investor's financial situation or risk tolerance. Asset allocation and portfolio diversification cannot assure or guarantee better performance and cannot eliminate the risk of investment losses.